Property
Beds
7
Full Baths
None
1/2 Baths
None
Year Built
1983
Sq.Footage
3,356
Unlock a rare and powerful investment opportunity with this incredible income-generating compound—featuring three existing homes on over an acre of land with zoning potential to build two additional units. Located just 2 miles from the beach, this is the perfect setup for both immediate returns and long-term growth. Two of the homes come fully furnished, one already has a tenant in place, and another boasts a strong Airbnb and rental history. Whether you want to live in one and rent out the others, or add all three to your investment portfolio, the potential here is unmatched. ~~~The first property is a beautifully maintained 2-bedroom, 2-bathroom home featuring a metal roof, attached garage, detached garage, shed, and peaceful pond views. Inside, luxury vinyl plank flooring flows through most of the space. The kitchen is a chef’s dream, complete with stainless steel appliances and a tray ceiling that adds charm and dimension. The primary suite offers a spacious retreat with an en-suite bathroom and walk-in closet, while both bathrooms are upgraded with elegant granite countertops. Relax in the Florida room, enjoy your water view from the backyard, or take advantage of the detached garage and shed—perfect for hobbies, storage, or workshop space. ***The second home is a cozy 2-bedroom, 1-bathroom property with a large yard, fully furnished, and a tenant already in place, meaning you can start earning rental income immediately. The kitchen features soft-close cabinetry for a touch of sophistication, and the metal roof offers long-lasting durability. A covered carport provides shade and protection for your vehicle, making this a reliable and attractive rental investment. Behind the home, the property opens up to plenty of land—ideal for adding two more units to maximize your returns. ~~~The third property is a spacious 3-bedroom, 2-bathroom home offering additional water views, stylish laminate flooring, and a generous Florida room perfect for entertaining or extra living space. A carport offers covered parking, and Bahama shutters enhance the home’s coastal curb appeal. The fully fenced backyard is ideal for pets, play, or outdoor lounging in complete privacy. This home is move-in ready, fully furnished, and features a successful Airbnb history, making it a prime candidate for short-term rental income. ***Each home has its own laundry area, and each operates on its own septic tank, but public sewer is available, and all connection fees are fully paid—including an additional hookup ready for the extra units you can build. There’s even space for a pool, making this property a potential private compound or retreat-style rental. ~~~Situated in the heart of Englewood, you’re just minutes from local restaurants, shops, farmers markets, and concerts. Enjoy quick access to Englewood and Manasota Beaches, and explore the area's many golf courses, world-class boating and fishing, and two Major League Baseball Spring Training stadiums. ***Opportunities like this—THREE HOMES ON OVER AN ACRE WITH EXPANSION POTENTIAL—don’t come along often. Call now to schedule your private showing and turn this once-in-a-lifetime property into your next income powerhouse!
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen, Stone Counters, Walk-In Closet(s)
-
Total Bedrooms
7
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central, Electric
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Construction Materials
Block, Stucco, Frame
-
Other Exterior Features
Lighting, Rain Gutters, Storage
-
Parking
Covered, Driveway, Garage Door Opener, Off Street, On Street, Oversized, RV Access/Parking, Workshop in Garage, Attached
-
Patio and Porch Features
Deck, Front Porch, Patio, Porch, Rear Porch, Side Porch
-
Pool
No
-
Waterfront YN
YES
-
View
Pond, Water
Area & Lot
-
Lot Features
Landscaped, Level, Paved, Waterfront
-
Lot Size(acres)
1.07
-
Property Type
Residential Income
-
Property Sub Type
Triplex
Price
-
Sales Price
$799,700
-
Tax Amount
7605.0
-
Sq. Footage
3, 356
-
Price/SqFt
$238
HOA
-
Association
NO
School District
-
Elementary School
Englewood Elementary
-
Middle School
L.A. Ainger Middle
-
High School
Lemon Bay High
Property Features
-
Foundation Details
Block, Brick/Mortar, Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Septic Tank, Other
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Location
County
Charlotte
Elementary School
Englewood Elementary
Middle School
L.A. Ainger Middle
High School
Lemon Bay High
Listing Courtesy of Leslie Brown PA , KW COASTAL LIVING
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